Property profile

0 Nwc Archer & Lemont Rd Lemont, IL 60439

OFF-MARKET
Neighborhood centers
277,628 SF
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Property summary

AI-generated overview

This exceptional retail investment opportunity is located at the Northwest corner of Archer and Lemont Road in Lemont, Illinois, within Cook County. The property, known as Long Run Marketplace, is a multi-tenant strip center boasting a total building area of 277,628 square feet. Currently, there are multiple spaces available, ranging from a minimum of 2,482 square feet to a maximum contiguous space of 23,439 square feet. A significant 28,414 square feet is currently vacant, presenting a prime opportunity for expansion or new tenancy. The property's strategic location at a major intersection ensures high visibility and accessibility, attracting substantial foot traffic. The property's address is NWC Archer & Lemont Rd, Lemont, IL 60439. This presents a unique chance to acquire a substantial retail space in a thriving Cook County market. The flexible space options cater to a wide range of business needs, from smaller boutique shops to larger retail establishments. The property's size and location make it an ideal investment for both established businesses seeking expansion and new ventures looking for a strong foothold in the Lemont market. The substantial vacant space offers significant potential for value creation and increased rental income. This is a rare opportunity to acquire a significant retail presence in a prime location.

Property profile

Verified
Property type Neighborhood centers
Total area 277,628 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nwc Archer & Lemont Rd Lemont, IL 60439
Lemont metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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